Market share

Market Share

Main Eni sales volumes for 2021 in the reference markets and market positioning.

Trends in market share national and international

Market share is a key performance indicator for business. Eni’s management intends to maintain the company’s market share in both the wholesale and retail segments, increasing the value of its customer base by developing innovative products, introducing integrated services and optimising its commercial and operational processes.

Eni is considered one of the global super-players in the oil and gas sector and operates in 69 countries.

The market shares highlights and the market positioning in comparison to national competitors are presented below.

Natural gas sales

Sales in Italy (36.88 bcm) decreased by 1.1% from 2020 mainly due to lower sales to hub and to thermoelectrical and industrial segments, partly offset by higher sales in wholesalers segment. Sales to importers in Italy (2.89 bcm) decreased by 21.3% from 2020 due to the lower availability of Libyan gas. Sales in the European markets amounted to 25.12 bcm, an increase of 30% or 5.79 bcm from 2020. Sales in the extra European markets of 5.56 bcm increased by 0.87 bcm or 18.6% from the previous year, due to higher volumes marketed in the Asian markets.

GAS SALES BY MARKET

(bcm) 2021 2020 2019 Change % Ch.
ITALY 36.88 37.30 37.98 (0.42) (1.1)
Wholesalers 13.37 12.89 13.08 0.48 3.7
Italian gas exchange and spot markets 12.13 12.73 12.13 (0.60) (4.7)
Industries 4.07 4.21 4.62 (0.14) (3.3)
Power generation 0.94 1.34 1.90 (0.40) (29.9)
Own consumption 6.37 6.13 6.25 0.24 3.9
INTERNATIONAL SALES 33.57 27.69 34.87 5.88 21.2
Rest of Europe 28.01 23.00 26.72 5.01 21.8
Importers in Italy 2.89 3.67 4.37 (0.78) (21.3)
European markets: 25.12 19.33 22.35 5.79 30.0
Iberian Peninsula 3.75 3.94 4.22 (0.19) (4.8)
Germany/Austria 0.69 0.35 2.19 0.34 97.1
Benelux 3.47 3.58 3.78 (0.11) (3.1)
United Kingdom 2.65 1.62 1.75 1.03 63.6
Turkey 8.50 4.59 5.56 3.91 85.2
France 5.80 5.01 4.47 0.79 15.8
Other 0.26 0.24 0.38 0.02 8.3
Extra European markets 5.56 4.69 8.15 0.87 18.6
WORLDWIDE GAS SALES 70.45 64.99 72.85 5.46 8.4

LNG sales

In 2021, LNG sales (10.9 bcm, included in the worldwide gas sales) increased by 14.7% from 2020 and mainly concerned LNG from Egypt, Qatar, Indonesia and Nigeria and marketed in Europe and Asia.

LNG SALES

(bcm) 2021 2020 2019 Change % Ch.
Europe 5.4 4.8 5.5 0.6 12.5
Outside Europe 5.5 4.7 4.6 0.8 17.0
TOTAL LNG SALES 10.9 9.5 10.1 1.4 14.7

Retail and business gas sales

In 2021, retail and business gas sales in Italy and in the rest of Europe amounted to 7.85 bcm, up by 0.17 bcm or 2% from the previous year. Sales in Italy amounted to 5.14 bcm were substantially unchanged from 2020, the reduction reported in the residential segment was mitigated by the higher volumes marketed at small and medium enterprises and resellers segments. Sales in the European markets (2.71 bcm) are increasing of 8% or 0.20 bcm compared to 2020. Highest sales were recorded in France, Greece and Spain benefiting from the lower impact of the COVID-19 from the comparative period as well as the acquisition of Aldro Energía.

GAS SALES BY MARKET

(bcm) 2021 2020 2019 Change % Ch.
ITALY 5.14 5.17 5.49 (0.03) (0.6)
Resellers 0.24 0.23 0.33 0.01 4.3
Industries 0.30 0.28 0.30 0.02 7.1
Small and medium-sized enterprises and services 0.72 0.70 0.87 0.02 2.9
Residential 3.88 3.96 3.99 (0.08) (2.0)
INTERNATIONAL SALES 2.71 2.51 3.13 0.20 8.0
European markets:          
France 2.17 2.08 2.69 0.09 4.3
Greece 0.39 0.34 0.35 0.05 14.7
Other 0.15 0.09 0.09 0.06 66.7
RETAIL AND BUSINESS GAS SALES 7.85 7.68 8.62 0.17 2.2

Retail and business power sales to end customers

In 2021, retail power sales to end customers amounted to 16.49 TWh, managed by Plenitude and the subsidiaries in France and Greece and Spain increase by 32% from 2020, due to growth of retail customers portfolio (up by 4% customers vs. 2020) thanks to the acquisition of Aldro Energía and the development of activities in Italy and abroad.

Power sales in the open market

In 2021, power sales in the open market were 28.54 TWh, representing an increase of 13% compared to 2020, due to higher volumes marketed at Power Exchange.

AVAILABILITY OF ELECTRICITY

(TWh) 2021 2020 2019 Change % Ch.
Power generation 22.36 20.95 21.66 1.41 6.7
Trading of electricity(a) 22.79 17.09 17.83 5.70 33.4
Availability 45.15 38.04 39.49 7.11 18.7
Power sales in the open market 28.54 25.33 28.28 3.21 12.7

(a) Includes positive and negative imbalances (difference between the electricity effectively fed-in and as scheduled).

Refining & Marketing

Retail sales in Italy

In 2021, retail sales in Italy were 5.12 mmtonnes, with an increase compared to 2020 (0.56 mmtonnes or up by 12.3%) as consequence of the restrictive measures implemented mainy in the second quarter during the pandemic peak. Average throughput per service station (1,362 kliters) increased by 156 kliters from 2020 (1,206 kliters). Eni’s retail market share of 2021 was 22.3%, slightly down from 2020 (23.2%). As of December 31, 2021, Eni’s retail network in Italy consisted of 4,078 service stations, lower by 56 units from December 31, 2020 (4,134 service stations), resulting from the negative balance of acquisitions/releases of lease concessions (65 units), a decrease of 4 motorway concession/acquisitions, partly offset by the positive balance of acquisitions/releases of network owned stations (13 units).

RETAIL AND WHOLESALES SALES OF REFINED PRODUCTS

(mmtonnes) 2021 2020 2019 Change % Ch.
Italy 11.14 10.31 13.49 0.83 8.1
Retail sales 5.12 4.56 5.81 0.56 12.3
Gasoline 1.38 1.16 1.44 0.22 19.0
Gasoil 3.38 3.10 3.95 0.28 9.0
LPG 0.31 0.27 0.38 0.04 14.8
Others 0.05 0.03 0.04 0.02 66.7
Wholesale sales 6.02 5.75 7.68 0.27 4.7
Gasoil 3.11 3.11 3.41 0.00 0.0
Fuel Oil 0.03 0.02 0.06 0.01 50.0
LPG 0.17 0.18 0.18 (0.01) (5.6)
Gasoline 0.34 0.30 0.47 0.04 13.3
Lubricants 0.08 0.08 0.08 0.00 0.0
Bunker 0.59 0.63 0.77 (0.04) (6.3)
Jet fuel 0.92 0.70 1.92 0.22 31.4
Other 0.78 0.73 0.79 0.05 6.8
Outside Italy (retail+wholesale) 4.82 4.93 5.55 (0.11) (2.2)
Gasoline 1.06 1.13 1.31 (0.07) (6.2)
Gasoil 2.78 2.73 3.02 0.05 1.8
Jet fuel 0.07 0.09 0.29 (0.02) (22.2)
Fuel Oil 0.08 0.13 0.09 (0.05) (38.5)
Lubricants 0.11 0.09 0.09 0.02 22.2
LPG 0.53 0.50 0.50 0.03 6.0
Other 0.19 0.26 0.25 (0.07) (26.9)
TOTAL RETAIL AND WHOLESALES SALES 15.96 15.24 19.04 0.72 4.7